Ackman’s gains in February were driven in part by his near-10 percent stakes in both Fannie Mae and Freddie Mac — where he has become the largest common stockholder outside the US government. Both stocks had a surge in late February after a federal court issued a ruling in favor of preferred shareholders, who are suing the US government over its decision to return all profits to the government in defiance of its earlier agreement…Other stocks of Ackman’s that outperformed the broader market in February include Air Products, which jumped 15 percent; Howard Hughes, which gained 11 percent; and Burger King, up 9 percent. Last month, shares of Ackman’s controversial Herbalife short gained 3 percent, but the stock is still down 15 percent for the year.

1214619 Responseshttp%3A%2F%2Fdealbreaker.com%2F2014%2F03%2Fbill-ackman-doing-alright-for-himself-this-year%2FBill+Ackman+Doing+Alright+For+Himself+This+Year2014-03-04+20%3A42%3A20Bess+Levinhttp%3A%2F%2Fdealbreaker.com%2F%3Fp%3D121461 to “Bill Ackman Doing Alright For Himself This Year”

Well it is not isolated in one fund so if these figures are to be believed…

There was an excellent piece by Matt yesterday reviewing a white paper by Asness that reflected your sentiment well though. Convincing thesis being all fund management with outside investors is an AUM play.

SAC

Mary Jo White was the top federal prosecutor in New York City during Bill Bratton’s first run as the Big Apple’s top cop, and she learned a few lessons from his “broken windows” theory: Clean a place up a little, and throw the fucking book at the street urchins who are messing things up with […]